Australia Consumer Spending to Trough in Second Half of 2024, Morgan Stanley Says
Morgan Stanley said consumer spending in Australia will probably continue to weaken in the near term, and reach a trough in the second half of 2024 before improving.
City Chic Collective Price Target Raised 25% to A$0.50/Share by Morgan Stanley
City Chic Collective Price Target Raised 25% to A$0.50/Share by Morgan Stanley
Australia's Retail Sales Rebound in January
Australian retail turnover rose 1.1% to AU$35.72 billion in January from the previous month, the Australian Bureau of Statistics reported Thursday. The rebound followed the sharp 2.1% fall in December
Jarden Research Adjusts City Chic Collective's Price Target to AU$0.50 From AU$0.51, Keeps at Neutral
08:49 PM EST, 02/27/2024 (MT Newswires) -- Jarden Research Adjusts City Chic Collective's Price Target to AU$0.50 From AU$0.51, Keeps at Neutral Price (AUD): $0.47, Change: $-0.03, Percent Change: -5
City Chic Collective Target Price Cut 3.1% to A$0.62/Share by Bell Potter>CCX.AU
City Chic Collective Target Price Cut 3.1% to A$0.62/Share by Bell Potter>CCX.AU
City Chic Collective Reports 29% Decline in H1 FY24 Revenue, Narrows Loss
City Chic Collective (ASX:CCX) reported Tuesday that its loss per share in the six-month period ended Dec. 31, 2023, narrowed to AU$0.104, compared with the prior-year period's AU$0.118. Analysts poll
City Chic Collective Says Won't Pay an Interim Dividend
City Chic Collective Says Won't Pay an Interim Dividend
City Chic Collective 1H Net Loss A$24.0 Million
City Chic Collective 1H Net Loss A$24.0 Million
City Chic Collective Target Price Raised 8.5% to A$0.51/Share by Jarden>CCX.AU
City Chic Collective Target Price Raised 8.5% to A$0.51/Share by Jarden>CCX.AU
City Chic's Annual Loss Looks Larger Than Expected -- Market Talk
2212 GMT - City Chic Collective looks on course for a larger annual loss than Macquarie analysts had previously anticipated. The Australian plus-size clothing retailer's 1H sales were 2.4% weaker than
City Chic Collective Target Price Raised 42% to A$0.54/Share by Macquarie>CCX.AU
City Chic Collective Target Price Raised 42% to A$0.54/Share by Macquarie>CCX.AU
City Chic Collective Price Target Raised 16% to A$0.64/Share by Bell Potter
City Chic Collective Price Target Raised 16% to A$0.64/Share by Bell Potter
Australia's Q4 Inflation Rate Eases to 0.6%, Falling Below Expectations
The CPI slowed to 0.6% in the December quarter, down from 1.2% in the previous quarter. Market consensus was 0.8%.
City Chic Collective Price Target Raised 25% to A$0.50/Share by Ord Minnett
City Chic Collective Price Target Raised 25% to A$0.50/Share by Ord Minnett
City Chic Needs Swift Turnaround to Meet Market Forecasts
City Chic Collective needs to rapidly turn around its sales to meet market expectations for its full fiscal year, cautions Citi analyst Sam Teeger.
City Chic Shares Surge on Potential Sale of North American Business
City Chic Collective (ASX:CCX) shares have surged more than 20 per cent after confirming its involvement in discussions for the potential sale of the company’s North American business.
Australian Retail Sales Missed Expectations, Dropping by 2.7% in December
In December, retail sales experienced a 2.7 percent decrease from October, a steeper decline than the anticipated 1.9 percent, indicating a reduction in consumer spending leading up to the holiday season.
AU Morning Wrap: ASX 200 Inches Closer to Record, Megaport Jumps 19%
Stocks to watch: City Chic, Megaport, Sandfire Resources.
Australian Inflation Slows in November to 4.3%, Below Forecast
The headline consumer price index increased by 4.3% over the 12 months to November, down from 4.9% in October. This figure came in just below the market forecast of 4.4%.
When Can ASX 200 Investors Expect RBA Interest Rate Cuts?
Will interest rates go higher yet from here? Or can ASX 200 investors look forward to some rate-cutting relief from the RBA in 2024?
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